Partial exemption from auxiliary customs duty limits liability to the portion attributable to print, freight and insurance for imported films. The Central Government exempts, at importation, imported exposed cinematograph films of the relevant tariff description from the portion of auxiliary customs duty exceeding an amount calculated at a specified rate of the value representing only the cost of the film print and the freight and insurance charges relating to that print, under powers conferred by the Customs Act and provisions of the Finance Bill given force by the Provisional Collection of Taxes Act.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Partial exemption from auxiliary customs duty limits liability to the portion attributable to print, freight and insurance for imported films.
The Central Government exempts, at importation, imported exposed cinematograph films of the relevant tariff description from the portion of auxiliary customs duty exceeding an amount calculated at a specified rate of the value representing only the cost of the film print and the freight and insurance charges relating to that print, under powers conferred by the Customs Act and provisions of the Finance Bill given force by the Provisional Collection of Taxes Act.
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